国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Opinion Line

China has plenty of ammunition to fight its corner in trade war

China Daily | Updated: 2018-10-18 07:36
Share
Share - WeChat
[Photo/VCG]

Editor's note: On Sunday, CBS broadcast an interview with US President Donald Trump in which he said China does not have sufficient ammunition when talking about the ongoing trade war. China Radio International comments on its official social media account:

It seems Trump rather looks down upon China. Despite his own words, he called what is happening between China and the United States a "skirmish" instead of a "trade war".

And the evidence he quotes to support his "insufficient ammunition theory" is rather simple: China levied additional tariffs on goods worth $53.1 billion from the US, while the US levied additional tariffs on goods worth $200 billion. He made a mistake here by saying $100 billion instead of $200 billion.

Trump should know, above all, that the trade war is not a game of numbers. China has maintained its restraint since the beginning of the ongoing trade war, but that does not mean it is inferior to the US in capabilities. Contrary to Trump's claim, China has large stockpiles of ammunition to be used in the ongoing trade war.

First, China's economic growth rate has been stabilizing between 6.7 and 6.9 percent for 12 successive quarters, signaling a prosperous economy, which in turn boosts robust consumption and incessant investment. In 2017, China's exports totaled $12.7 trillion, of which the $200 billion account for only 8.8 percent. The prosperous economy is the biggest ammunition supply to China in the ongoing trade war.

Second, China has taken a new round of opening-up measures, which will further open up its market and enhance its economic exchanges with other economies. Intellectual property rights are being better protected, the market threshold is lower, while the negative list for foreign investment is becoming increasingly shorter. All these provide ammunition for China, too, in fighting the trade war.

Yet with all the ammunition it has in hand, China is unwilling to fight the trade war launched by the US. China has long insisted that there is no winner in a trade war, and hopes the US government will correct its wrongdoings soon by ending the trade war.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
牙克石市| 翁牛特旗| 花垣县| 阿鲁科尔沁旗| 伊春市| 繁昌县| 盖州市| 深水埗区| 娱乐| 英德市| 宿州市| 印江| 金川县| 余江县| 壶关县| 荥经县| 射阳县| 桃园市| 烟台市| 策勒县| 卢氏县| 耿马| 湘阴县| 额济纳旗| 四川省| 兴安盟| 龙门县| 平定县| 获嘉县| 凤翔县| 康平县| 丰顺县| 庄浪县| 宁城县| 伊川县| 丽江市| 手游| 漳平市| 尼玛县| 井陉县| 远安县|